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$899,990

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds

Listed By: CHAD. HARRINGTON | Exp Realty, Llc | (541) 905-2698 and LARRY D. HARRINGTON | Exp Realty, Llc | (541) 974-0733 | Cell: 541-905-2698

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Price Improved! Investment 4-plex in the Heart of the Valley in the thriving town of Monmouth. Chance for Owner Occupied Investment, 2 blocks from WOU campus , one block from downtown. Property has amazing rental history, HUD capable (2 are currently HUD with scheduled), Updated Laundry facilities (in house only, tenants access) , Upstairs balconies, Lower patios, Greenspace, 7-spot parking lot with streetside additional and easy-care grounds. 3 of 4 units have been completely remodeled.

Full Property Details for 297 Main St W

General

  • Price: $899,990
  • Taxes: $5,120 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: WVMLS
  • MLS ID: 826630
  • Updated: 10/30/2025
  • Added to Site: 305 day(s) ago

Interior

  • Flooring: Carpet, Laminate, Luxury Vinyl Plank, Other (Refer to Remarks)

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Exterior

  • Color: Green

Location

  • County: POLK COUNTY
  • Subdivision: TOWN OF MONMOUTH
  • Complex: Pine Villa

School Information

  • Elementary School: Monmouth
  • Middle School: Talmadge
  • High School: Central

Heating & Cooling

  • Heating Type: Electric, Baseboard, Zonal
  • Heating Fuel: Electric, Baseboard, Zonal
  • Water Heater: Electric

Utilities

  • Sewer: City
  • Water: City, Connected

Structural Information

  • Roof: Composition, Shingle
  • Square Feet: 3,280
  • Year Built: 1971

Unit Information

  • Units in Building: 4
  • Units w/Range/Oven: 7464

Unit 1

  • Square Feet: 820
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Square Feet: 820
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Square Feet: 820
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Square Feet: 820
  • Level: First American
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 5

  • Square Feet: 2

Unit 6

  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.21
  • Lot Size (Sq. Ft.): 820
  • Frontage Feet: 820
  • Zoning: RM
  • Lot Description: 3

Financial Considerations

  • Price Per Sq. Ft.: $274.39
  • Price Per Acre: $4,285,666.67
  • Assessment Year: 1971
  • Assessment Amount: $82
  • Tax Amount: $5,120
  • Tax Year: 2024

Disclosures and Reports

  • Lot Number: 3

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NMLS#: 1598647

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Schools serving 297 Main St W

School District:Central School District 13j
NameGradesDistance
Monmouth Elementary School
958 Church Street East, Monmouth, OR 97361
K-50.8 mi
Talmadge Middle School
51 South 16th Street, Independence, OR 97351
6-81.4 mi
Central High School
1530 Monmouth Street, Independence, OR 97351
9-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 297 Main St W Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/09/2025
Price Reduced
$899,990
-10%
MLS
3/18/2025
Listed
$999,990
48.15%
MLS
9/20/2023
Sold
$675,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 297 Main St W

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,120
-4%
$301,550
3%
2023
$5,334
11%
$292,770
3%
2022
$4,800
1%
$284,250
3%
2021
$4,746
—
$275,980
3%
2021
$4,746
7%
$267,950
3%
2019
$4,425
4%
$260,150
3%
2018
$4,273
1%
$252,580
3%
2017
$4,240
1%
$245,230
3%
2016
$4,217
11%
$238,090
9%
2015
$3,813
6%
$219,260
7%
2014
$3,583
-8%
$204,690
-11%
2013
$3,882
—
$231,160
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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297 Main St W, Monmouth, OR 97361 (MLS# 826630) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 297 Main St W is currently listed for $899,990 and was received on March 18, 2025. Want to learn more about 297 Main St W? Do you have questions about finding other Multi-Family real estate for sale in Monmouth? You can browse all Monmouth real estate or contact a Coldwell Banker agent to request more information.

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